N.C. Gen. Stat. § 18C-121
Accountability; books and records
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The Director shall have made and kept books and records that accurately and completely reflect each day's transactions, including the distribution of tickets or shares to lottery game retailers, receipt of funds, prize claims, prizes paid directly by the Commission, expenses, and all other financial transactions involving lottery funds necessary to permit preparation of financial statements that conform with generally accepted accounting principles.
The Director shall have made and kept books and records that accurately and completely reflect each day’s transactions, including the distribution of tickets or shares to lottery game retailers, receipt of funds, prize claims, prizes paid directly by the Commission, expenses, and all other financial transactions involving lottery funds necessary to permit preparation of financial statements that conform with generally accepted accounting principles.
History
(2005-344, s. 1; 2005-276, s. 31.1(h).)
Effect of Amendments. - Session Laws 2005-276, s. 31.1(h), effective July 1, 2005, substituted "have made and kept" for "make and keep".
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.